Note 18: Share capital
Ordinary shares of 2.5p each:
| Called-up share capital |
Number |
£'000 |
|
| Authorised |
|
|
| At 31 July 2006 and 31 July 2007 |
60,000,000 |
1,500 |
|
| Allotted, called up and fully paid |
|
|
| At 1 August 2006 |
52,119,168 |
1,303 |
| Issued in the year in respect of: |
|
|
| Deferred consideration for the acquisition of OutCast Communications |
396,260 |
10 |
| Third stage of Lexis acquisition |
756,468 |
19 |
| Deferred consideration for the acquisition of Credo |
91,251 |
2 |
|
| At 31 July 2007 |
53,363,147 |
1,334 |
|
Shares to be issued
The shares to be issued at 31 July 2007 and 31 July 2006 relate to deferred contingent share consideration payable in
respect of acquisitions. The 2007 balance of £190,000 all relates to OutCast. The 2006 balance of £558,000 comprise
£485,000 in relation to OutCast and £73,000 in relation to Credo.